Tokyo Stocks Helped by Hopes of Business Spending

Japanese stocks moved higher on Tuesday, though the rest of Asia was mostly lower after slightly improved Chinese manufacturing data failed to energize markets.

The Nikkei Share Average rose 1.1% to 15326.20 after the Bank of Japan released its quarterly tankan business survey result. Though the survey showed a steep decline in business sentiment after Japan's recent sales-tax increase, the market instead focused on data showing that large companies raised the target increase for their investment plans to 7.4% from a 0.1%...